2011 MKD to FJD Historical Review

YEARLY HIGH

0.0427 FJD

YEARLY LOW

0.0383 FJD

YEARLY AVERAGE

0.0408 FJD

2011 MKD to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MKD to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.0427. Conversely, the yearly low was recorded on December 29, dropping to 0.0383.

This high-to-low spread represents a total annual volatility of 0.0044 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0401 to the December average rate of 0.0393, the exchange rate registered a net change of -1.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0427 was down 6.45% compared to the 2010 peak of 0.0457, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MKD based on timing:

Yearly Peak High 214 FJD

2010 Average 208 FJD

Yearly Trough Low 192 FJD

Transaction Impact: A difference of 22.08 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0422

0.0390

JanuMarcMayJulySeptNove

MKD to FJD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0413, compared to 0.0403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0413

H2 Avg (Jul–Dec) 0.0403

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0027 FJD (High: 0.0412 / Low: 0.0385). On the other end, November was the most stable month, with a tight range of 0.0013 FJD (High: 0.0404 / Low: 0.0392).

January Spread (Volatile) ±0.0027

November Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 0.0420) against the same month in 2010 (average: 0.0422), the exchange rate shifted by -0.0002 (-0.44%).

2011 Avg (April) 0.0420

2010 Avg (April) 0.0422

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0412	0.0385	0.0401
February	0.0418	0.0402	0.0409
March	0.0426	0.0413	0.0419
April	0.0427	0.0414	0.0420
May	0.0426	0.0406	0.0415
June	0.0422	0.0405	0.0414
July	0.0412	0.0390	0.0405
August	0.0416	0.0396	0.0409
September	0.0410	0.0394	0.0402
October	0.0420	0.0394	0.0409
November	0.0404	0.0392	0.0401
December	0.0402	0.0383	0.0393